Had this conversation with a friend yesterday. Her MIL is looking for something to buy for my friend's 10 year old daughter and the girl wants an ipad. We were talking about the problem with buying young children these expensive gifts as such an age. What do you do next year and the year after? It seems they get so much at such a young age it just sets you up fro frustration later when they have it all already.
My DD is almost 15 and getting her first ipod touch this year, the last of all her friends to get one. I know she will appreciate it, as she is very cautious with my money and I appreciate that.
I see how my cousin started her dd with the limo pick up from school for her 12th birthday and it snowballed from there to eventually a wedding that my cousin took out a second mortgage on her house to pay for. The kicker, the marriage lasted about 3 years.
It is hard to avoid the overbuying, where do you draw the line?
You know it's never been a big problem for me. I do have very definite ideas of age appropriate gifts. For me spending 700 bucks on a 10 year old for an IPAD is never going to happen. Heck, when ds started college I definitely talked with the school to make sure that a 2800 MAC computer was absolutely necessary.
IMO the bolded is not a result of overspending but a result of us needing to make the most mundane events a public spectacle. You guys have heard me with this complaint before.
In my school district, kids have a
kindergaten graduation
3 grade graduation
5th grade graduation better known as elementary school graduation
8th grade graduation better known as middle school graduation.
Each one accompanied by most times a huge party plus a "trip". and we can't figure out why by the time they graduate they think they are Jonas salk discovering the next medical miracle?
guy on my job, took out a loan against his 401K to give his daughter a disney weeding. picked up the tab on the gown, 275 guest, and their 10 day
disney cruise/park honeymoon. Now he's walking around scared he'll get laid off and have the loan come due and after 16 months daughter and sil are fighting.
I have absolutely no problems saying "never gonna happen" to my kids. never did.
I still refuse to get them Iphones.